Ageut-esapan Alice Group


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Group

Group Name: Ageut-esapan Alice Group
Group Members: Alice Esapan
Sabina Ajwang
Betty Agudo
Location: Pallisa, Uganda
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $325.00
Loan Use: Purchasing cabbages, spinach, carrots, mangoes, avocados, bananas, etc. for re-sale.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 18, 2009
Date Disbursed: Jan 7, 2009
Date Funded:Jan 18, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Uganda
Avg Annual Income:$1,700.00
Currency:Uganda Shillings (UGX)
Exchange Rate:1,974.0000 UGX = 1 USD



Alice Esapan (on the right) is 49 years old. She is married and has 12 children. Alice has 3 years' experience in selling fruits and vegetables in Pallisa market. She purchases her stock from the farmers in her village. This business actually enables Alice to feed the family as her husband provides for other needs.



Alice is using the loan funds to purchase fruit and vegetables so as to meet customer demand. Her dream is to open up a retail shop for fast-moving consumer goods and also to build a good house for her family. Her group members, Sabina Ajwang and Betty Agudo sell fish and cereals respectively.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Sean
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Yuko
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Dave ~ Nezha
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olivia
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Journal entries for Ageut-esapan Alice Group


Loan has been disbursed
 
Entrepreneur: Ageut-esapan Alice Group
Location: Pallisa, Uganda

Thank you for your loan. It has been disbursed to the Alice Esapan group, consisting of Alice Esapan, Sabina Ajwang, Betty Agudo by BRAC Uganda in Uganda. We are excited to watch this business grow. Over the 9 months of this loan, BRAC Uganda will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pallisa, Uganda
Jan 19, 2009
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Kiva Help Repayment Schedule for Ageut-esapan Alice Group

  Expected Repayments Actual Repayments Comments
March 2009 $24.36 $24.39 Repayment Received
April 2009 $32.48 $32.52 Repayment Received
May 2009 $32.48 $32.52 Repayment Received
June 2009 $40.60 $40.60 Repayment Received
July 2009 $32.48 $32.52 Repayment Received
August 2009 $32.48 $32.52 Repayment Received
September 2009 $40.60 $40.41 Repayment Received
October 2009 $32.48 $32.48 Repayment Received
November 2009 $40.60 $40.60 Repayment Received
December 2009 $16.44 $16.44 Repayment Received